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20121222
20121230
Search Results 0 to 1 of about 2 (some duplicates have been removed)
. not only the combination of tax increases and spending cuts push the economy into a recession, the debt ceiling would be reached and at some point the u.s. would be unable to pay its bond holders. that would be a catastrophe. because it would be such a catastrophe, i don't think it would happen. >> glenn, you would agree with that, if we went over for a week or two, the prorated tax increase, the taxes going up for a week or two and spending cuts for a week, it wouldn't have much effect on the economy. >> not a big deal, but i think the uncertainty it creates, both sides actually may have agendas a little easier if we went off the cliff. republicans can do tax reform more straight forwardly and the president can do his own version of tax policy and spending policy but that would have to be done quickly. >> peter, you write that you want the discussion, the deal to be tax hikes and entitlement reform. do you want it to be more comprehensive than that or are those two the key elements? >> at this point, those are the two key elements. one is necessary for resolving the fiscal cliff. the o
Search Results 0 to 1 of about 2 (some duplicates have been removed)